California § 129105 - The department may upon application of the borrower insure any loan that is eligi
Full text of California Public Contract Code - PCC § 129105 — The department may upon application of the borrower insure any loan that is eligi, with citation guidance and answers to common questions.
§ 129105. The department may upon application of the borrower insure any loan that is eligi
The department may upon application of the borrower insure any loan that is eligible for insurance under this chapter, and upon the terms prescribed by the department, may make commitments for the insuring of the loans prior to their date of execution or disbursement thereon. The decision to grant loan insurance upon an application of the borrower is within the discretion of the director of the department. Showing need for the project or meeting the eligibility requirements for loan insurance and establishing financial feasibility of the project or recommendation for approval from the committee does not create any entitlement to loan insurance.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 129105
What does Public Contract Code - PCC § 129105 cover?
Section 129105 ("The department may upon application of the borrower insure any loan that is eligi") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 129105?
A common citation format is "Public Contract Code - PCC § 129105" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 129105 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.